Savannah Petroleum completed the acquisition of Seven Energy for $1.1bn.

Savannah Petroleum, a holding company, completed the acquisition of Seven Energy, provider of services to oil and natural gas industries, for $1.1bn. “We are very pleased to have completed the Seven Energy Transaction. The deal transforms Savannah into a full-cycle E&P company in West Africa and marks the start of a very exciting time for us. We have acquired a business with great people and a strong set of exploration, appraisal, development and production assets which are expected to be highly cash flow generative for the Company," Andrew Knott, Savannah Petroleum CEO.